Events

Systemic Risk in Interconnected Financial Markets

Hosted by the Department of Mathematics

Online public event

Speaker

Professor Luitgard Veraart

Professor Luitgard Veraart

Chair

Professor Jan van den Heuvel

Professor Jan van den Heuvel

Domino effects of losses can bring down entire financial systems with severe knock-on effects on the real economy. This talk will explain insights from mathematics to model loss cascades and apply them to recent financial stress events.

We live in an interconnected world. As the COVID-19 pandemic has demonstrated, interconnections affect both our lives and our livelihoods. In this talk, Luitgard Veraart will show how we can use mathematical models to quantify and manage risk arising from interconnections in financial markets. A particular focus will be on systemic risk and financial stability. Examples provided from the 2007-2009 financial crisis and the economic effects of the COVID-19 pandemic will illustrate how mathematical models can inform the debate on mitigating systemic risk.

Meet our speaker and chair

Luitgard Veraart is a Professor in the Department of Mathematics at LSE. She joined LSE in 2010 after holding positions in the USA and in Germany. She is a co-winner of the 2019 Adams Prize awarded by the University of Cambridge for her research in the Mathematics of Networks.

Jan van den Heuvel is Professor of Mathematics and Head of the Department of Mathematics at LSE.

More about this event

The Department of Mathematics (@LSEMaths) is internationally recognised for its teaching and research in the fields of discrete mathematics, game theory, financial mathematics and operations research.

This event forms part of LSE’s Shaping the Post-COVID World initiative, a series imagining what the world could look like after the crisis, and how we get there.

Twitter Hashtag for this event: #LSEVeraart

Live captions

Automated live captions will be available at this webinar. Once you join the Zoom webinar, you will be able to show or hide the subtitles by clicking on the “Live Transcript - CC” button, from where you can also change the font size and choose to view the full transcript. Please note that this feature uses Automatic Speech Recognition (ASR) technology, or machine generated transcription, and is not 100% accurate.

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How can I attend? Add to calendar

This online public event is free and open to all but pre-registration is required.

Registation for this event on Zoom will open after 10am on Wednesday 17 November.

For any queries email events@lse.ac.uk.

This event will be streamed live on Facebook

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